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INVENTORIES (Details) - USD ($)
9 Months Ended
Mar. 31, 2022
Jun. 30, 2021
Inventories [Abstract]    
Total supplies inventory $ 88,846 $ 74,317
Total inventory 32,503,424 29,172,720
Short-term portion 13,440,016 11,450,141
Long-term portion 19,063,408 17,722,579
Work-in-process inventories issued to active production jobs $ 2,440,000 2,230,000
Percentage of jewel inventory not mounted in finished jewelry settings 50.00%  
Finished Jewelry [Member]    
Inventories [Abstract]    
Raw materials $ 1,469,003 1,476,514
Work-in-process 1,279,987 779,593
Finished goods 11,386,771 8,025,816
Finished goods on consignment 2,258,071 2,050,372
Total 16,393,832 12,332,295
Loose Jewels [Member]    
Inventories [Abstract]    
Raw materials 1,692,819 1,775,505
Work-in-process 8,285,457 9,893,443
Finished goods 5,714,303 4,942,192
Finished goods on consignment 328,167 154,968
Total $ 16,020,746 $ 16,766,108